Splitsville For “SNL’s” Fred Armisen & Abby Elliot

The love affair between Saturday Night Live sidesplitters Fred Armisen and Abby Elliot is dunzo, Us Weekly has learned.

The former couple, began dating shortly after Fred’s Sept. 2010 split from Mad Men actress Elizabeth Moss, his wife of just 10 months. But things between Armisen, 44, and 24-year-old Elliot, SNL’s first second generation star (she’s the daughter of former SNL funnyguy Chris Elliot), quickly fizzled out after his divorce was quietly finalized this past May, insiders say.

Nontheless, breakup is described as relatively amicable and Fred and Abby remain friends.

“It definitely wasn’t a dramatic break up. They had different schedules over the summer and are still good friends,” an tipster chimes.